by The global Radio Frequency Generator Market is estimated to be valued at US$ 1.25 Bn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Radio frequency generators are electronic devices that generate high-frequency electromagnetic waves using oscillators which convert direct current from a power supply into alternating current oscillations. RF generators are used across industries such as telecommunication, aerospace & defence, electronics, and healthcare among others.
Market Key Trends:
One of the key trends fueling the growth of the radio frequency generator market is the increasing demand for wireless communication technologies. 5G infrastructure is being rolled out globally which requires advanced RF generators for testing and measurement applications during network deployment. Furthermore, rising aerospace and defence expenditure is also driving the need for reliable RF generators used in military radio communications, radar systems and satellite communications.
The Global Radio Frequency Generator Market Size is estimated to be valued at US$ 1.25 Bn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Segment Analysis
The radio frequency generator market is segmented by product type, application and geography. By product type, the market is classified into signal generators, function generators, arbitrary waveform generators, RF frequency sources, RF samplers and others. Among these, the signal generators segment dominates the market and accounted for over 30% market share in 2022. Signal generators are high precision instruments that generate programmed radio frequency signals within a wide range of frequencies and amplitudes for various applications. They find widespread applications in research laboratories, communication equipment manufacturing and calibration among others.
Key Takeaways
The global radio frequency generator market is expected to witness high growth, exhibiting CAGR of 7.7% over the forecast period, due to increasing demand for wireless communication technologies and networks.
Regional analysis
North America dominates the radio frequency generator market, accounting for over 30% market share in 2022. Significant investments in wireless infrastructure and 5G deployment are driving the demand for radio frequency generators in the region. Asia Pacific is expected to be the fastest growing market, growing at a CAGR of around 9% during the forecast period. Countries like China and India are witnessing increasing investments in cellular networks and Internet of Things, thereby creating opportunities for RF generator vendors in the region.
Key players
Key players operating in the radio frequency generator market are Keysight Technologies Inc., Rohde & Schwarz GmbH & Co. KG, Agilent Technologies, Inc.,Anritsu Corporation, TDK-Lambda Corporation, Advanced Energy Industries, Inc., Tektronix, Inc., Amplifier Research (AR),Thales Group, Teradyne, Inc., National Instruments Corporation, AMETEK, Inc., Boonton Electronics (Wireless Telecom Group), Electronics & Innovation, Ltd., NoiseXT. Keysight Technologies and Rohde & Schwarz are the leading players, together accounting for over 30% market share.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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